Set up the salary journal report
Description

The setup process includes matching your Profit and Loss and Balance Sheet nominal codes with the accounting software you want to import into.

Cause
Resolution

Match the nominal codes

  1. Select Settings from the menu bar.

  2. Select Set up the Salary Journal Report then Link nominal codes.

  3. Select the Profit & Loss and Balance Sheet tabs. Enter the nominal codes to use for each of the categories in the list.

    • If you use Sage 50 Accounts, the defaults may already be correct
    • For any other software, you must change these to match your current chart of accounts
  4. Select Save.
  5. Select Close on the confirmation screen.

. NOTE: You can update your nominal codes and run the report as many times as you want.  

Check your nominal codes in Sage 50 Accounts

To ensure your nominals are correct, you should check your chart of accounts.

▼Steps
  1. From Modules select Nominal codes.
  2. Select Chart of accounts then Edit.

The chart of accounts lists your nominal codes. These group into Profit and Loss and Balance Sheet categories. You can use the table below to ensure your nominal codes show in the correct area.

Nominal code Name Report Report section
2210 PAYE Balance Sheet Current Liabilities
2211 National Insurance Balance Sheet Current Liabilities
2214* Student Loans Balance Sheet Current Liabilities
2215* Attachments Balance Sheet Current Liabilities
2216*

 

Deductions Balance Sheet Current Liabilities
2220 Net Wages Balance Sheet Current Liabilities
2230 Pension Fund Balance Sheet Current Liabilities
7000 Gross Wages Profit and Loss Overheads
7006 Employers NI Profit and Loss Overheads
7007 Employers Pension Profit and Loss Overheads

* These nominal codes aren't in the Sage 50 chart of accounts by default. If they’re missing from your chart of accounts, you need to create them before you can import a salary journal.

For more information on using Sage 50 Accounts, read Create or rename a nominal code.

 

 

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